An unusual spike in betting in the Israeli elections prompts a Polymarket investigation A last-minute wave of betting on Benjamin Netanyahu and his Likud party has raised concerns about potentially suspicious activity surrounding the Israeli elections, according to a report by the New York Times. According to reports, hundreds of recently registered Polymarket accounts placed bets in Netanyahu's favor shortly before the end of the vote, drawing attention to the timing and concentration of the transactions. The irregular activity was initially detected by the analytics company Polysights, which detected a sudden spike in bets predicting a Netanyahu victory. Many of these positions were opened by accounts created in the previous 24 hours. Polymarket admitted on Friday that it is looking into dozens of questionable transactions and called law enforcement authorities. The investigation raises questions about whether certain traders acted on confidential information or tried to exploit the election betting market. No offense has yet been proven.

An unusual spike in betting in the Israeli elections prompts a Polymarket investigation A last-minute wave of betting on Benjamin Netanyahu and his Likud party has raised concerns about potentially suspicious activity surrounding the Israeli elections, according to a report by the New York Times. According to reports, hundreds of recently registered Polymarket accounts placed bets in Netanyahu's favor shortly before the end of the vote, drawing attention to the timing and concentration of the transactions. The irregular activity was initially detected by the analytics company Polysights, which detected a sudden spike in bets predicting a Netanyahu victory. Many of these positions were opened by accounts created in the previous 24 hours. Polymarket admitted on Friday that it is looking into dozens of questionable transactions and called law enforcement authorities. The investigation raises questions about whether certain traders acted on confidential information or tried to exploit the election betting market. No offense has yet been proven.